Tax Advice & Planning
We have the expertise to advise you on how best to structure and deal with your assets, both during your lifetime and after death (via your Will) to make the most of current tax saving possibilities.
Tax planning can also be undertaken through documents known as ‘deeds of variation’. If it is less than two years since the death of someone whose estate you have benefited from (either via their Will or via the rules of intestacy if there was no Will) you may be able to vary your entitlement so as to deal with the estate of the deceased person if a more tax efficient manner.
In addition to inheritance tax planning, we are also able to advise on other related taxes, such as capital gains tax and pre-owned assets tax. Not only do Warners have the expertise to guide individuals through the complexities of these various taxation regimes, but we are also equipped to advise those individuals who have business interests amongst their assets.
Warners also offer in house accounting services, covering the preparation of trust and estate accounts, the calculation of tax liabilities and the preparation and submission of tax returns for individuals, trusts and estates.
- Chambers and Partners UK 2015
- How to protect your children’s inheritance As we live longer, more adults are marrying a second or third time. Divorce among the over-60s, otherwise known as silver splitters, has risen by a third in the past decade. While most adult children are happy that their parents have companionship in old age, they may have worries over inheritance...
- How to Reduce your Inheritance Tax Bill A combination of rising house prices and a freeze on the threshold at which estates pay inheritance tax means that many more households fall into the tax net than was once the case. Ruth Pannell, wills solicitor at Warners in Sevenoaks, advises how, with some simple planning, it is possible to keep your inheritance tax liability to a minimum...